Business Directories

The Obama administration has proposed standards on exploratory drilling for oil and gas in US Arctic waters that would add costs for energy companies but aim to protect against catastrophic spills.
The rules, proposed by the Depar

The Obama administration has proposed standards on exploratory drilling for oil and gas in US Arctic waters that would add costs for energy companies but aim to protect against catastrophic spills.
The rules, proposed by the Depar

Oil and gas explorer Petroceltic said it would resume drilling in Iraqi Kurdistan together with partner Hess in early October, after operations were suspended last month at one of its wells due to security risks in the region.
The

Abu Dhabi-based National Drilling Company (NDC) has commissioned five new rigs assigned for the maintenance of oil wells in the UAE, as part of its fleet expansion plans covering onshore and offshore operations.
NDC chief executiv

Norway took a major step towards opening up an environmentally sensitive Arctic area to oil and gas exploration when the ruling Labour Party gave the go-ahead on Sunday for an impact study.
Exploration in the waters around the Lof

EuroMena II, an active private equity fund in the Middle East, said it has invested $20 million in Egypt-based Sakson Petroleum Services, a leading oil and gas drilling service provider in the region, to boost its capital and help fund its expan

Iraq awarded a $640 million deal to US oil service company Baker Hughes to drill 60 wells in the southern Zubair oilfield, a government spokesman said on Tuesday.
The Iraqi cabinet approved the Oil Ministry's request to award the three-yea

US President Barack Obama has committed to annual oil and gas lease sales in Alaska's National Petroleum Reserve and to speeding up production in other areas.
In his weekly radio and Internet address, the US leader admitted that one of the

Schlumberger, the world's largest oilfield services company, expects new US regulations for a key natural gas drilling process because of public fears about water pollution, its CEO said.
Asked by an analyst why Schlumberger supported disc

Top oil exporter Saudi Arabia plans to release 15 oil rigs by the end of the year as it reduces drilling activity with slowing global demand, oil industry sources in the kingdom said on Monday.
"We feel we have huge extra capacity," said o